The Global Phoenix - Issue 1 The Global Phoenix - Issue 1 | Page 39

EXPAT AREA : BANANA ISLAND PROS OF BANANA ISLAND
Banana Island is a reclaimed piece of wetland located within IKOYI with a plethora of fantastic houses for rent in all sizes : mostly lower height constructions including mansions , duplexes , apartment blocks and terraced houses .
It is a niche for the very rich amongst the local population , and the most popular area for expatriate executives .
The area is largely residential , with the headquarters of a few multinational firms and notable organizations .
The area has a good network of roads and infrastructure . It is located within proximity of Victoria Island , the location of the British and American International Schools so is popular with expatriate families .
• Accommodation is of a good standard
• Residents have access to treated water and public electricity
• Most properties have water bore holes and standby generators & inverters – essential for expatriate requirements
• The area has good security patrols and individual properties have 24 / 7 security surveillance
CONS OF BANANA ISLAND
• High volume of construction with associated noise dust
• Heavy – vehicle and construction traffic